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OSPEC'f,^^. 




GEOLOGICAL SURVEY AND REPORT | 



i\ 



or Tin: 



"lOOSELAND" 



TANGIER DISTRICT, 



NOVA SfMYPTA. 



DFFK'K. 



. - N„. :',.-. IMNM STliEET 
Room 8. 



NEW YOTIK: 



li K N It V S 1' K A It , I' U 1 N I' K It AND S I' A I' 1 •> N I', 1! 

l:l:] IV'.irl nw\ 80 T.oi\v(M' Street. 



1864 









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MOOSeLAND GOLD DISTRICT 



HALIFAX COX 



mo MAYEffl CO um6XAFH[K5.9SmT0H5T. M.Y. 



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PROSPECTUS, 



GE01.0UICAL SnilYKY AND HEPORT 



OF THE 



"MOOSELAND" 

GOLD COMPANY, 



TANaiER DISTRICT, 



111 



NOVA SCOTIA. 



OFFICE, No. 35 PINE STREET, ROOM 8. 



i 



CAPITAL STOCK, ti?500,000, 

50,000 SHAB23 $10 EACH. 



NEW YOllK; 

U E N R V S I' E A R , STATIONER AND PRINTER, 

ll33 PEARL AND 86 BEAYEU STREET. 

1864. 



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1tt005f\«tta (»>plil €m\ymi 



or NOVA SCOTIA. 



OrffanJ/'-d under the I.ai»« of the 81at« of \tM Vork. 



TIl^TJSTEEfB : 



EDVaN S. HAKUKTT, - 
FKANKLIN A. I'ADDOCK. - 
KFA'BKN U0S8, Jk., 



35 Pine Street, 

80 NArssAiJ Street, 
48 Eighth Avenue. 



omcEms = 

rUESIDENT, 

EDWIN S. BAIIKKTT. 

SECRETARY AND TREASXTRER, 

(lEO. W. BliO WN. 



COUNSEL, 

PADDOCK & CANNON. 80 Nassau Street. 



r-,n:tl^c!^l^aii^^£^^ :-r^; 



LIST OF PllOPERTY 



OF TIIK 



MOOSELAND GOLD COMPANY. 



•;*■ 



DESCKirTlVE LIST OF '11 AllKxVS OK CLAIMS, 
EACH 250 FEET BY 15!) DO.. BEINC 5.250 FFKT 
OF CLADIS IN LEN(;TH. 

No. I. " Furnace Lead," opened, and now showing ricii veins, 
^vhicli eonuneneed at six in.-lies, and with three week's hil)or 
steadily increased h. V.) inelies. This lead promises to he one 
(,f the" vh-hest and most pro.luetivc yet diseovered in tho 
Fr.»vinee. One ton of the .(uartz, from the opening of the 
vein, has heen erushed, and yielded three ounces, 14 penny- 
weights of gohl, at White-s Mill, Tangier. The rnck cxhlhl- 
tlng to the naked .-ye hut the smallest evidences of its wealth, 
Mnd producing so large a return upon heing erushe.l, leaves no 
room for douht in the minds of sclentliie men of (he rich 
,„i„eral de]H,sit contained In this lead up.m further develop- 



ment. 

No. 2. " Watson Lead," varying fnnu S to L'. Inches lu 

width, containing n.uch misph kel an.l tine g..ld, with other 
iinmistakahle evidences of its value. 



6 

No. 3. "Mill Tiond," at three feet from the surface, shows 
the vein 18 inches in width, of a definite and marked cha- 
racter. ■ 

No. 4. " Jerry Lend." A'ein five inches in width at the 
surface, and increased to nine incdies a I the depth of seven 
feet, the Whin Ro(dv nnudi sliattered, ;md can he worked at 
the most trifling exi)ense. 

No. 5. " Wilson Lead.'' Vein six inches in width from 
openiu!^. This has Itecn tested and produces over 4 ounces 
to the ton. 

No. 6. " Campbell Lead." Vein 12h inches in width. 
Not tested, hut very ri(di specimens tnken from this lead. 

No. 7 " Bacon Ijcar..'" A'ein varies from three iind a half 
to (dght inidies in width. Tin' ore from this vein, has not as 
yet, been assayed, bul its character is definite, and leaves no 
doubt of its richness. 

No. 8. " Peter Ives Lead."" Threi' openings, varying from 
four to L") inches in width. Character compact, and vein 
continuous. 

No. !>. " Hance Lead."" N'cin at nine feet from the snr- 
face, 11 indites in width, with thiidv gold found. 

No. 10. " Wesson Lead."" A'ei". three feet four inches in 
width. Course — west by south ; containing mis]ieclc(d and 
gold in large quantities. The quarts highly cry.stalline, with 
every indication of cross course or bull vein. 

This lead alone from its present indi(;ation, is entirely suffi- 
cient to work upon, for an ample rennmeration, needing only 
perseverance and capital to develop its well-known richness. 

No. 11. " Peterson Lead." Three small veins, three to 
eight inches in width, converging into one. 'r>W lbs. of sur- 
face quartz yielded 1 ounce, 14 dwt. and 7 grs. 



'Wi8y;w 5g":-''Wai»!a'T"'* 



irface, shows 
marked cha- 

widtli at the 
pth of seven 
lO worked at 

1 width from 
vcr 4 ouuees 

I'S in width, 
liis h>ad. 
•i\e and a half 
1, has not as 
11(1 leaves no 



varying from 
•t, and vein 



rom the snr- 

'our inches in 
ispeelcid and 
stalline, with 

entirely sutli- 
neediiiir onlv 
u'n riclincss. 
ins, tiiree +o 
l])s. of sur- 



N,. 12. "Pulsifc. Lend." Voin two feet f„,,r >nche, nt 

M,U. 'n,i» i. the lead u„on .Mel, -he «.-.^. S"ia -» '>- 

ero-l in Nov, Scotia, by M^- «■ *■ Vu^.U■. t ., «.„le 

;;::,, .,,u.af,o„ a„a «-U l<no.„ ,.l,:.aHe. .,. v„.,,„e»», 

needs no comment. +'..f r>f U< 

No l:!. " Luetv l>oaa." So na„,cd f-m the e. ot , . 
,-,„Win. .0 one po;.- lahorer, .In, .liseo.e.ed ,., Ui onnee 
^ildrfve,,, nine days ^ovk, l>etV.n. -nnin, ,n.o ,a...e».on ..i 

"'Nr'ir"- Trye.te Lead.' Net opened, ,,„. .n,..,ee indi- 

cations clearly defined. 

? . - I- 1,- i on.l '= Ve"n 12 inches In width ; Uis- 

I No 15. " Kennedy iicad. >t u ^ <•, 1 1,, 

I . 1' 1, V«n -nul has heen iirofatahh 

j covered hy Henry Kc^medy, Ksq., ana 1 

I worked for some months past. . . , • 

1 No 10. " Victoria Lead." Vein two feet n.ne mches m 

width, upon survey. This vein is worthy of espcu-ud not.e 
j Ling diLtly upon a side hill ; needing but sundlest amcmnt 
' .f ll.r to take fron. the earth the rich depo.t herefounch 

IT 1 '• Vo'ni 1:> inches m width. 
No IT "hit: Hugh Lead. \ em i-) m( ui . 
iw'and'a l,alrdays- laLov of .« nu-n ,,n,d„eed six ennee, 

„nd four pennyweights in pM. , , , »• ,„ 

Mo 18. ■■ Winthvop Lead." Snceesrfnlly worked to,- ton. 

.no'nths, and now yielding paying resnlts, at the depth of lo 

feet. 

AU..V.U. W^sniN.s on Lots m. :!8L 418, 41'.., 420, 4-.il . 
For the better information of the nnintormed ot the nn- 
,„„„sc value of the gold properties lying in the lang.er d,s- 
trie., among whieh the clai.us of this eonn>any stand seeond o 
„„„, is annexed the Keportot Hon. .Fohn Ar.hnr l-h,ll , . 
■of L ndon, whieh shonld bo earefnlly l.emsed, as . ,s nnu 
L a geHtktnan, in an official position, .ithont an, peeuntan 
interest to servo, and is beyond qnestion rehahle. 



ft 



i ■ 



i.J 



THE GOLD DISTRICT AT TANGIER. 



As the Tangier district was tlic gol<l field earliest brought 
to public notice in the Province of Nova Scotia, so does it still 
remain one jf the most interesting in the promise of good 
results to systennitic and economical mining. The crowd of 
adventurers who peopled the hills of Tangier in 1861 and 1865, 
on the course of the " old South Leadi-," has indeed disappear- 
ed, and the evidence of their unsystematic and ill-applied 
labor, now scars the hills with numerous grave-like pits, filled 
witl water, and perilous from imperfect covering. If many, 
in tl eir anrl sacra fames, found here only a place to bury their 
hopes, others, more fortunate, were rewarded with splendid 
wages for their personal labor. The ill-considei'ed system of 
allotting claims, at first adopted by the Colonial Government, 
in a manner compeP^d the early adventurers to abandon their 
labors, as soon as the surface water accunmlatcd in the open 
pits or shallow levels, ])eyond the control of a single bucket 
or other primitive contrivance. Even the most fortunate ad- 
venturers were soon drowned out bv the accunuilated waters 
from adjacent claims, abandoned by less successful neighbors. 
Nearly all these early efforts at individual mining ar.' new 
abandoned, and t. hiims have since been consolidated in 
large companies. 

The value of the Tangier District, in the opinion of Mr. 
John Arthur Philliits, of London, is thus expressed in his Re- 
port to the Nova Scotia Land and Gold Crushing and Amal- 
gamating Company, in London, 1862: 






tS-EasSil'.^-iii- 



.ir^i^S£&^U^^^': 



< r:mmmmmmimim tsm''ismBmma 



■•■iMTW'i"'"'-"- ■ 



est brought 
I does it still 
iiise of good 
lie crowd of 
61 and 1805, 
d disappear- 
l ill-applied 
e pits, filled 
. If many, 

bury their 
+h splendid 
d system of 
{ovcrnment, 
)andon their 
in the open 
ingle bucket 
ortunatc ad- 
lated waters 

1 neighbors, 
ing ar..' new 
solidatcd in 

nion of Mr. 

I in his Ile- 

and Amal- 



This is, at pre 



calities in 



the Colony 



are on a 



9 

sent, one of the most important mining h 

The workings, which I inspected hor< 

fr.nn the Tlarbc.r of Tangier, o: 



hill, a short distance 



Of over 



an area •• 



f about three-quarters of a mile iii 
ilth. Tliere are at 



in wu 






tendin 

length, bv about two hundred yards 

least fiv; distinct lodes at work within this baud of uunerab 
i.cd ground, varying in thickness from live to hftceu inches. 
The quartz, extracted from u.any of tliese claims, presents 
large quantities of visible gold, and some tons weight Inne 
l,.ou crushed and amalgamated by means of two Chilian nulls, 
which have been erected on the spot, and have yielded Iro.u 
three to nine ounces of gold to the ton. Tnere can be no 
doubt thav the gold deposits of Tangier will prove largely and 
pc.rmaueutly valualde, provided a suihcieutly large area can 
be secured to enable a company to work the mines m a seen- 
tiiic and systematic manner." .^ _ 

^TTUATION AND NUMBER OF VEINS IN THE 

TANCIEIl SETT. 

The auriterous vein, at Tangier occupy a ne.k of land tricing 
the «ea in Tauo-ier Harbor, and reaching fnm. near the bndge 
.ver the Tanui^r Kiver, east, as tar as the middle of Kush Lak,>. 
The distance on the north line, is over half a ..lie, and mclud- 
i.. the eastern openings, on the land of the English (V>mpany 
oi^the Strawberry Hill nuist be :.buut a uule. Withni th.s 
.vea there are at present explored, n..t less thaa thirty veins 
of gold-bearing quart/, large and small, varying from two f.o.t 
to one inch, and continued search is constantly adduig to the 
number. Many of the smaller veins, which are grouped to- 
gether at the surface, will dottbtless unite in no great depth, 
offering important advantages for mining. At present, atten- 
tion bus been bestowed chiefly on those veins whicli have 



o 



m 



B3!?- 



10 

sbown a good thickness at snrfjico, and liavo proved themselves 
most producti\o in p:old. 

(lEOLOdTCAl. AND MTNKEAT.O(JICAL CirAKArTER 
OF THE A'E1N8 AT TANGTFJl. 

The rocks, iit Tun<rler, strike almost due east and west, not 
varyinL'. l>y the compass, over 5^ or <»^ S ofE. Tliey stand 
at a high angle, di])])ing ui\iformly south, from 10^" to 30* de- 
parture from tlie vertical. Tluiso rocks comprise, 1st, the 
quartzite beds, often highly charged with arsenical pyrites, 
breaking in rhombic forms, and of an almost basaltic blackness 
of color, though weather'ng nearly white. 2nd. The hard blue 
.slates, sometimes also metalliferous, especially near the quartz 
veins. Sometimes this slate is highly metamorphosed and 
contorted ; again, quite soft, fissile, and regularly divided by 
joints, into rliombic forms. Its color is generally dark blue, 
stained at surfaci; by iron rust, in tae metalliferous zones. 
Sometimes it is olive colored and gray, and rarely chloritic. 
It is very rarely micaceous or liornb'ondie, and contains few 
crystallized minerals besides pyrites ; minute crystals of stau- 
rotideandc piduic occur rarely, l)ut I saw no tourmaline although 
crarnets occur in the sands of Copper's Lake. The sands on 
the sea shore, as well as in the lake, indicate the existence ot 
ilmenite and chromic iron, or magnetic iron. 3d. The r[uartz 
veins are of tw(j descriptions ; those which occur parallel to the 
bedding of the rocks, and whicli are th(^ gold-bearing veins ; 
and cross veins, intersecting the strata at an angle, and gen^ 
erally barren of gold. The latter form, in the districts which 
I have examined, an insignificant f.'atun- in the geology, com- 
pared with the auriferous veins. 

Associated with the quartz, the principal minerals are yel- 
low and white pyrites, mispickcl, copper pyrites, galena, zinc 



wi[n.iKM«»r:.^£»«>£S^tiM^ic~-. 






tl thcmselvos 

[ARACTEK 

iTul west, not 
Tliey stand 
i^> to 30* de- 
ise, .1st, tlu' 
aical pyrites, 
tie blaekness 
'he hard blue 
ar the quart/ 
irphesed and 
f divided by 
ly dark blue, 
t'erous zones. 
ely chloritie. 
contains few 
stals of stnu- 
iline although 
riie sands on 
3 existence of 
I. The quartz 
)arallel to the 
earing veins ; 
igle, and gen- 
istricts which 
geology, com- 

erals are yel- 
5, galena, zinc 



11 

blende, and more rarely carbonate of lime, metallic copper, or 
carbonate of lime and iron green carbonate of copper, specu- 
lar iron, iron sinter, and arseniosiderite, are also seen, but less 
frequently. I nought in vain for bismuth or antimony, al- 
thouirh small crystals believed to be sulphuret of silver, ht.vc 
been\leteeted in the pyrites. The gold seems to be most ,u- 
tin.ately associated with the arsenical pyrites, or mispickel, 
and the zinc blende often enclosing or penetrating these min- 
erals. More rarely the gold is associated with galena, most of 
the specimens shown me of this sort, proving on examination 
to be zinc blende or mispickel. The mispickel and the ir.m 
pyrites are both auriferous,, and when these minerals occur in 
sufficient abundance, they should be reserved for separate 
treatment, the amalgamating process not securing the gold 
they contain. Tke largest masses of arsenical pyrites are 
found in the blue slate, forming bunches, often highly crystal- 
ized and of considerable weight. This slate, with the mis- 
pickel, is usually the foot wall. The gold occurs often in little 
nuggels and pipettes in the pure white quartz, sometimes, but . 
rarely,beautifullycrystallized,often showing a strong tendency 
to crystallization, of u splendid lustre and high color. It also 
occurs in scales and plates in the adjacent slate, near the line 
of contact of the quartz, and, as already mentioned, implanted in 
masses of arsenical pyrites, zinc blende, and more rarely with 
yellow iron pyrites and galena. 

Its disposition to occur at or near the line of contact be- 
tween different minerals, or wherever there is a shut or change 
in the vein, is very manifest. It also occurs, of course, in par- 
ticles too small to be seen in the solid quartz, as is constantly 
shown by. the results of dressing. The quartz veins often pre- 
serve a striking similarity to the harder slaty bands as if they 



12 

were metamorphic of the slates. Generally they are compact 
undless cellular than the gold qunrtz of the Appalachians, often 
oily looking', hluo Jind gray in vaAov, \\\ou}i}\ frequently quite 
white in sumo parts of the vein. The Wf.lls are polished in 
contact with tlie slates, :md rarely sei)!iratcd from them hy any 
lining of " lluccan' or decouqio'^'Ml riK-k. 8ouu'times near the 
.surface the decoinposition of the pyrites on one wall hns left 
an open spa<-e, partly filled hy iron rust from the pyrites, and 
in such cases this materiii] i.< i\\)t to he rieh in gold, though in 
an invisihle form. 

There is the same structure also in the Tangier veins, 
noticed elsewhere in- the Troviuee, as respects the occurrence 
in them of swells and roils, alternating with plain spaces : 
where these rolls occur the ((uartz is usually more auriferous, 
and the spaces Ix'tween them are proportionately poorer in 

gold. 

These rolls preserve an essential parallelism with each other, 
and have a dip ol)li(piely to the west or east according to the 
pitch of the associated rocks, and parallel to what has t)een 
called the " grain" of these rocks, that is to say, jiarallel with 
the direction of tlie axis of elevation. As the shafts and drifts 
cut these swells at an oldique angle, it happens tiuit the prog- 
ress ot exph)ratioii carries the work alternati^ly through pieces 
of ground where tiie veins swell or contract, and where thero 
are corresponding dift'erences in the gold product. At times 
the contraction of the vein shut? it oif for a short distance, 
producing the impression tliat it is about to come to an end, 
when, from a narrow thread, it eiilarges again gradually or 
rapidly to its full size. _^ 

These roils or swells in the quartz appear to nn; to have had 
their origin ifl the upheaval which has given the easterly and 



are compact 
icliians, often 
(uently quite 

polished ill 
them by any 
mcs iicnr the 
wall luis left 

])y rites, a/iil 
1(1, thoni^h in 



ngicr veins, 
10 occurrence 
)lain spaces : 
e auriferous, | 
'ly poorer in 

th each other, 
ording to the 
lilt has i)eeH 
parallel with 
ifts and drifts 
iuit the ]n"og- 
irougli pieces 

where ther-> 
et. At times 
lort distance, 
ne to :.n end, 

gradually or 

e to have had 
; easterly and 



18 

„estorly Pitch to tbo axis of ..levatiou of ,!,.■ n,.V>. on the lino 
„f ■ .riko, tho c„rn,gations, ..v ,-olls ooouvrin, :,s a ,.on»oc,no„oo 
„f tliis nicoh..nicaUlistnvlmiii 0. 

Tho di.tnhu.io,, of .1.0 ff.w i.. th.. ,,.,...■.>< i> » .ti'-;; »"'■'' 

„;.„ o.,.i.o .uvrriso ..t 11. al,.,n.h„ M.. (-■.....ph,.!!. w .« 

was o„,,iovc.i i.y th,. i-.-..vi...i..i 1-^i'i'"""' "; i"-"'';": '" 

„eologiLi;oction, 1 i ■..,.■ N..va Scot.a ,ol,l Vld. 

Iiaro^sod ,0 the lion. Jos. Ho.,., Fv«V....-l Soco.ary; l.lato, 

l|.,lifav 'ioth of .T.ilv, ISfiS-U-isla.ivo .loon.nont, ,.■ l-- -"".I 
i„.f„nns n,o that «hilo ho .as.in 1H(U.ong.,,o,l on th.s snn,^ 
„o ,a«,at thoUkoCon,„an.V» Loa.l, on tho bovdovsof . o,,,,-. » 
l,akc.an,a.s of c,„ar.,, of al,o.,t a onhio foot i., volnn.o . ,nh 
„-as ontivoly rla.0.1 ovor .ith ,ol,l, on tho ,,h,nc o, oontaot .,n 
,1,0 .south or foot wall of tho vein. lH„-ing tho «o,-k,n« on tho 
.. Son.h LoacU" in ISM-fU^ .......oroos vo,y showy s,,oo„„ons 

„f gold woro talccn oot, ,artionla,ly f,on, ,ho No-.,-,, 1-cad, 
wort' in gold value fron, $W> to ^l^- l'...i"S "'<' l'^' -'"- 
,„„,;,,roo n,on. who woro rorairing tho .oad i,. ■rang,or„ear 
A,,.„i,,ahr.s, in digging earth fr.on tho .oad-sido to ,nend the 
„ay. took ont in throe days eoar.so gold to the v.,lno o. S..oO_ 
from a s,,ot not over ,hreo or fo,.r yards s,,o.r.. lh,» gold 
was in tho forn, of nngg..ts and ..oa,-.se g,-„ins, ,„.t at all wo,-n. 
One n.,ggot. weighed sixteen onn.os, others o.gl.t, «,x, three 
and two ounces, and sn.aller. This s,,ot was no n.ore l.ro.n,.- 
ing for sueh a discovery, than «ny other one in tho reg.on, and 
althongh tho surface is ..ovorcl with huge .uassos of ,«artz, 
„,„, it is ,,lain fro,o which direction they ,nnst have eon.e, ,.o 
offieient search has been n.ade for the vein which yielded tins 
cold, which had obviously not been n,oved farfro.nits or,g,nal 

source, . • 

I have airoady under a former head, given the reasons wh,eh, 



14 

in my view, account, sufficiently for the general absence of allu- 
vial gold in (lie Nova Scotia gold region, and dLscoveric," like 
tlii.s only confirm the views before expressed. 

HK.MAHKA13L1-: INSTANCES OF PRODlXm VKNKSS 
IN THE NOVA SCOTIA VEINS. 
While the iirudcnt adventurer will regard with superior in- 
terest the reliable average yield of auriferous veins, as the 
only safe basis of expectation, it is always pleasant to see the 
prizes which a lottery offers — not forgetting the ])lanlvs. I 
took pains to collect such authentic examjjles as fell in my 
way while in Nova Scotia, the official cha"acter which is given 
by law to the mining records rendering it <"asy to do so. 

Two poor men at Isaac's Harbor, almost without capital, 
commenced work on a quartz lode of six inches, which, at a 
depth of thirty feet, became two feet, and in tour hundred and 
two days work, they obtained two hundred and forty-six 
ounces of gold, and had each a profit of over $2,000 for their 
labor. This was Claim No. ]2 on the lode, and No. V], the 
next one adjoining, is turning out even better ; the month of 
November giving eight and a half ounces of gold per ton for 
all the quartz raised. 

The " Triad Co.," foy July, from twenty-two tons, ol)taincd 
one hundred and forty-five ounces, or over six and a half 
ounces to the ton ; and the same company in August ob- 
tained, from twenty-six tons nine hundred pounds, eighty- 
three ounces of gold ; for October, from thirty-five tons, one 
hunGced and forty ounces. 

The Hattie Lode, at Wine Harbor, has yielded sixty ounces 
to the ton, and sixty-six ounces from one and a quarter tons of 
quartz 



I ji.m 1 1 i i » i W 



SIMHSSjffl*'''''*™'"*'" 



scnee of allu- 
coverici' like 

]TIVKNKH.S 

I, 

li superior in- 
veins, as the 
lilt to SCO the 
ic l)liinks. I 
iis fi'll in my 
vliic-h is given 
I) do so. 
itlioiit capital, I 
i, which, at a 
r hundred and 
and forty-six 
,000 for their 
d No. 13, the 
; the month of 
Id per ton for 

tons, obtained 
ix and a lialf 
n August ob- 
ounds, eighty - 
^•-five tons, one 

d sixty ounces 
quarter tons of 



15 

TS THE (iOLl) CONFINED TO THE QUARTZ ! 

While ; yond doubt, the quart/, veins are tho chief gold- 
hearing rocks, it yet remains to be proved that they are the 

""Buarr'& Co,, at Wine Harbor, iov Septcn.ber, from 29 tons 
took 09 ounees. and for October, fron. 30 tons HOO lbs. took 

05 ounces, 

At Lake Lo<m, (th.e Montague property,) llobinson & Co. 
took a nugget of gold, fnnul in the mispiekel, xvhich weighed 
o2 ounees, and the stuff fron. the vein has yielded fron. tour 

to six ounces to the ton. 

A lot of 2,500 lbs. of selected .p.art/, trom the South Ja>- 
. AX in \N..verly, crushed by lluff. yielded 22 ... ot 

gold, while a lot of the same lode, unsclected. yielded 1, oz. 

to the ton. • i • i 

At Oldham is a smiU vein, of about an inch or two m thick- 
ness, whicb is owned by b.ur workmen, who have taken GO oz. 
to the ton of quartz fi<»m it. 

Mr Frankfort Davis, owner of a crushing null at Ohlhan.. 
gave me the following statenumt from his ol^cial returns on 
the quartz from various lodes in Oldham : 

4 tons yielded 1^ o^- ="> *^l^^t- 

J .. .. 20 " 3 " 

i)1 " 17 " 

i> a " — -1- ' ' 

n i< -1.) << 
Q .( a •> »-' 

-I A (( it OO ^> 

(in ii in << 

fiO " 10 " 

< « 12 " 

" v> u « " 

1 (1 f< 'i *^ 

►; . 44 " 

f 4. 44 ...33 " 5 » 

17^ " " '^V 



T 



16 

Or. in iMiiul imnil)Ov.s .■in nvorngc of fivo ounces t(. tlu- ton, 
,„i al.ciit 1<M» tens ..r quartz rrusli(Ml. Wliilo, (.n tlio (.tlu>r 
hinid, W'l tons yU'Mo.l an aggrc^^iitc of only S'il ouiuh-s, or 
iKit <|iiit*' two (ininM's to tin' ton. 

At Wii.c Harbor, a gn.np of veins on the niuUllo lodo has 
yioldotl, to tlic inv.ont <lq.th of 40 tVft, nyvv five ounces of 
gold to tlif ton iif (inart/,. 

:Mr. O'Conncr, oiu> of the four nwncrs o[' a r'aini nn tlio 
Montngui- vein, infornuMl no- tliat a l..t of tho -inartz from tluit 
voin,c'stinnitcd as SOU ll.s., yielded, on dry crushing in a liand- 
nnntar, 'Jl.V <mnces of gold, leaving still all ilu; small gold in 
tin; tailings, which would probably sw(dl the wln.le yield t.. 
24 oun.( * for S()() lbs., or (>0 ounces to the ton of "2,000 lbs. 

These exanii)les might be multiplied— as every district has 
its'remarkable stcn-ies— bui 1 have conhne.l myscdf to a por- 
tion (.f the examples which >-■>' to my own knowledge. 

ABILITY' TO 1>AV 1)IV11)KNI>S. 

Tiie ability of the Company to pay (piarterly dividends is un- 
(piestioned. and the umountsof such dividends from the past, 
yiehlaud increased present prospects, is seen at a glance. The 
mi': :s capabU ..f crushing 80 tons per day. The average 
is over three ounces per t..n. This would give DO 
ouhv es per da.y, which:, at $20 per ounce, is ,^1,8(J0. Deduct, 
from this estimiite, ihe ocst of prod ing, say 8000, leaves a 
net profit of 81,200 per day. 

The working days in a year, are, say iiOt*. Deduct for de- 
tentions, ac.idcnts, c^c, 50 days, leaving 250 working days, 
which would produce 8300,000. Deduct for conthigent ex- 
penses, &c., 850,000, leaving ii net profit of 8250,000, being 
equal to a dividend of 50 per cent, on par value of the stock. 
If only one half of the above results are realized, giving a 



s to the toil, 
»n tlio otlu'r 
1 uuiu'i'S, or 

Idli! lo(l<^ has 

VO OUllt'OM ot" 

laiiii oil till' 
rtz t'roiii that 
iig ill a hand- 
small gold ill 
hole yiidd to 

■^,000 \hH. 
V district has 
self to a por- 
>• ledge. 



I 



17 

Ml .. .. iTividond ot* ovor $2 

"1-" th. suhscn,tio,i vn-e " ^J ^ , ,, „,, Ualf 

^-^''-'-^':\^':iX^L n.th.,...etif 

^''^"^''•^•*'""""''; Wits av value. These are the iigun. 

'""^7 ^•^: ' is hoH ^^-v o. exveeted (o. pv..p-y 
,,,, ,,„rn.g ... ^^^"" J ^^,^^,^^. «rn.ed hy aetual ex, 

*'^*'*'^* taVeilvos-.uent.itU large returns, 

mate, .-ertain and sai( niNi. 



,• id ends is uii- 
'roiu the past 
I glance. The 
The average 
ould give !)0 
SOI). Deduct 
KJOn, leaves a 



eduet for de- 
w'orking days, 
lontingent ox- 
>r)0,0»>0, hoing 
of the stock, 
ized, giving a 




■.V 



TO THE THU.STKE8 OF MOOSELANI) (iOU) COM- 
PANY OF NO\A SCOTIA. 

Gentlemen : 

In conformity with riMidost, I horowitli j)roscnl von witli a 
descriptive .statement of your propcu-ty, together with the dis- 
covery, jirogress :ind results of the gold district in whicli it 
is situated. 

1st. T!iis property is located nine and a half miles from 
Tangier, on the Tangier Kiver, containing tAveuty-one areas or 
claims, filled with rich gold-bearing quartz veins, wliich have 
been opened and tested, and from which some of the richest 
specimens, both in washing and quartz, have been obtained 
and brought to JJoston and New York for exhibition. This 
was the first locality where gold was discovered in the Pro- 
vince, and was always known to be the richest ; but its inac- 
cessible locality, except in Avinrer over the Lakes, when dig- 
ging and washing C(mld not be done, has, as it were, kejjt it 
intact, and forced the rush u])on other localities, and had it i.ot 
been for a gentleman of leisure and sport, more from a, spirit 
of pride to surmount obstacles ih.in pecuniary gain, in his 
rambles after the moosi'. concluded, to o])en up this rich placer, 
and make it acc(>ssible to enterprise ; in this spirit he set 
to work, after securing his titles from government, with his 
Indian team, with hand-.de.ls, and n])(in their backs the ma- 
terials and machinery, was forced in, over ice, rocks, gulches, 
and through forest sutficient to erect the folloAving ]>roperty. 
To wit : one fine mill for crushing and amalgamating. It} stories, 
25 X JJo, with all tlx; machinery, implements and !ools requi- 
site for successful operations ; one fine double cottage, 2h 
stories, avcU built and finished, with all the necessary furni- 
nitnre, cooking utensils, and even to carpets and piano ; one 



(iOLl) COM- 



o'nl von witli ii 
!• Avitli tlu! dis- 
ct in which it 

lit' miles from' 
ty-oiie areas or 
IS, which have 
of the richest 
jocn (ihtaincd 
libition. This 
I ill the Pro- 
hut its inac- 
;es, when dig- 
wcro, ke})t it 
and liad it aot 
from a spirit 
gain, in his 
is rich phiccr, 
spirit he set 
icnt, with his 
!tcks tlie ma- 
ucks, gulches, 
ing ]>roperty. 
ig, Ih stories, 
1 tools requi- 
eottage, 2^ 
iossary furni- 
i piano ; one 



19 

blacksmith's sho[i, and two other buildings for la1)or and other 
purposes ; tram railroad, with cars for carrying off rock to the 
river ; openings made upon gold bearing veins, in some fifteen 
or sixteen different places ; shafts and trenches opened and cut, 
and quartz being now taken out under contract, ready for 
spring work. A nev(n' failing streu:i^ of water runs through 
the full length of this property, from a lake to the river upon 
which the mill is located, with an overshot wheel, sixteen feet 
in diameter ; such an advantage of water for this business can 
not be overrated, which is seldom met with in the gold 
district. 

The government being stimulated by individual enterprise, 
and the pressure brought to bear upon them by the people, to 
have said sections made accessible, has driven them at length 
into action, and they, last fall, sent and had it duly surveyed, 
explored, and a, road laid (jut from ^lusquodobit to Tangier, 
running direct through this property, which opens a communi- 
cation now fronx either way ; — ^Ihis road is now being cut oat, 
and will Ite completed a^: soon as the weather will permit in 
the spring. Already largo areas have been purchased in this 
locality, and heavy arrangements are Iteing made for an early 
spring work. This property covers an area of some sixteen 
acres, of the very richest gold-bearir.g quartz vt>ins as well as 
rich alluvial washings, with everythiag requisite for immediate 
and successful operations; taking into consideration its never- 
failing supply of water, and the advantageous situation it pos- 
sesses for mining, it offers inducements not possessed l)y any 
locality in Nova Scotia; its wealth is not a matter of conjecture, 
that has been fully ascertained and developed. 
Yours Kespectfully, &c., 

L. VONSdIAULTZ, 

MetaUurgisi r.Q.R.A.